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 Post subject: April 27th Friday 2012 Emini TF ($TF_F) points +11.60
PostPosted: Sat Apr 28, 2012 7:29 am 
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)

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click on the above image to view today's performance verification

Price Action Trade Performance for Today: +11.60 points or $1160 dollars in the Russell 2000 Emini TF ($TF_F) Futures.
Russell 2000 Emini TF Futures - 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE.
S&P 500 Emini ES Futures - 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup.

In addition, all trades were posted real-time in the free #FuturesTrades chat room. You can read today's #FuturesTrades trading chat room logs for details (e.g. time, price, contract size) about each one of my trades from entry to exit along with price action commentary as the trade traversed in comparison to what's shown in the above image...all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=103&t=1205.

To join our free chat room...registration instructions located at a different forum @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=5&t=630

Also, posted below are direct links to information about my price action trade methodology and trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis).

Image WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718.

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our price action trade strategies with support prior to purchasing the Volatility Trading Report (VTR).

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=151&t=1432

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Market Summaries

The below summaries by Bloomberg, CNNMoney and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/IMF actions or any important global economic events that had an impact on today's price action. Simply, I'm a strong believer that many variables (key market events) causes key changes in supply/demand and volatility that results in swing points and strong continuation price actions. Thus, I pay attention to these key market events from one trade to the next trade to give me the market context for my technical analysis. Just as important, these summaries becomes my archives to allow me to understand what was happening on any given trading day in the past...something I can not get from my broker statements alone.

U.S. Stock Market Wrap

April 27 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. The Standard & Poor's 500 Index capped the best week in a month, as retailers surged to a record, after improving corporate earnings and consumer confidence tempered lower-than-forecast economic growth.

Stocks Close Out A Strong Week

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click on the above image to view today's price action of key markets

NEW YORK (CNNMoney) -- U.S. stocks moved higher Friday, capping a weekly gain, as upbeat corporate results outweighed a weaker-than-expected report on first-quarter economic growth.

The Dow Jones industrial average (INDU) rose 28 points, or 0.2%, to end at 13,228. Procter & Gamble (PG, Fortune 500) was the biggest drag on the Dow after the consumer staple company lowered its outlook for full-year earnings. The stock fell 4%.

The S&P 500 (SPX) rose 4 points, or 0.3%, to 1,403. The Nasdaq (COMP) added 18 points, or 0.6%, to 3,069.

Stocks started the week on a sour note, with a sharp selloff on Monday. But the Dow & S&P 500 have climbed for four days in a row, driven mainly by better-than-expected corporate earnings.

For the week, the Dow gained 1.5%. The S&P 500 advanced 1.8% and the Nasdaq is 2.3% higher for the week.

On Friday, the top performers on both the S&P 500 and Nasdaq were Expedia (EXPE) and Amazon (AMZN, Fortune 500). Expedia surged 23% after the travel booking website reported strong earnings late Thursday. Amazon jumped 15% after its results beat expectations and eased concerns about the online retailer's expansion.

Ford Motor (F, Fortune 500) shares fell 2% after it reported a 45% plunge in quarterly profit, because of losses in Europe and a slight dip in sales. But the automaker still managed to beat expectations.

As of Thursday, 300 companies in the S&P 500 had reported earnings, and 70% of them beat estimates, according to Capital IQ.

Overall, Capital IQ expects earnings to grow 6.6% in the first quarter, or 4.5% excluding the profit machine that is Apple (AAPL, Fortune 500).

While that would be down from the fourth quarter, such earnings growth would still suggest that "the world isn't ending," said Jack Ablin, chief investment officer at Harris Private Bank.

"The market is trading at distrust discount, and increased confidence should allow stock prices to move higher, even if earnings don't," Ablin added.

Meanwhile, the U.S. government said first-quarter gross domestic product -- the broadest measure of the nation's economic health -- rose at an annual rate of 2.2%.

The report was weaker than expected. Economists surveyed by CNNMoney forecast that GDP grew at a 2.5% rate in the first quarter, down from 3% in the fourth quarter of 2011.

"While the economy continued to grow in the first quarter, the expansion remains modest in pace and subpar from a historical perspective," said Jim Baird, chief investment strategist for Plante Moran Financial Advisors.

After Thursday's closing bell, the S&P announced that it was downgrading Spain's credit rating from "A" to "BBB+," citing numerous drags on growth and an ailing banking sector that might require further government support.

* Fixing China's banks

On Friday, the Spanish government said unemployment rose to 24.4% in the first quarter.

U.S. stocks ended with gains Thursday as hopes for more Federal Reserve stimulus and positive housing data overtook worries about the job market and mixed corporate earnings.

* Video - Amazon and Expedia: Earnin' like it's 1999

Companies: Dow component Procter & Gamble (PG, Fortune 500) reported quarterly earnings of 93 cents per share, which beat expectations by one cent. Sales rose by 2% to $20.2 billion.

But the company, which makes everything from batteries to laundry detergent, lowered its forecast for full-year profits.

P&G now expects 2012 earnings per share to be in the range of of $3.63 to $3.74, down from a range of $3.85 to $4.08.

* Behind Apple's App Store curtain

The drug giant Merck (MRK, Fortune 500) reported that its quarterly earnings jumped 8% to 99 cents per share, excluding certain charges. But the company fell short of forecasts by Thomson One Analytics projecting earnings of $1.03 per share.

Economy: A measure of consumer sentiment inched up to 76.4 in April, roughly in line with estimates. The University of Michigan Consumer Sentiment Index stood at 76.2 in March.

World markets: European stocks closed higher. London's FTSE 100 (UKX) rose 0.5%, the CAC 40 (CAC40) in Paris gained 1.1% and the DAX (DAX) in Frankfurt rose 0.9%.

Asian markets lost ground, despite steps by the Bank of Japan to further ease monetary policy there by announcing ¥5 trillion of additional asset purchases. The Shanghai Composite (SHCOMP) shed 0.4%, while the Hang Seng (HSI) in Hong Kong slipped 0.3% and Japan's Nikkei (N225) fell 0.4%.

Currencies and commodities: The dollar fell against the euro, the Japanese yen and the British pound.

Oil for June delivery rose 38 cents to $104.93 a barrel.

Gold futures for June delivery rose $4.30 to $1,664.80 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury edged higher, pushing the yield down to 1.95%.

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Market Update

4:30 pm : Trade this week started on a soft note, but stocks were able to rebound for four consecutive gains that too, the S&P 500 back above 1400 for a 1.8% weekly gain. That stands as the best weekly performance for the broad market measure in six weeks.

Overall action was relatively quiet on Friday as market participants shrugged off news that analysts at S&P issued another downgrade of Spain's debt, which now sits at BBB+. There was also a relatively muted response to an advance reading of first quarter GDP that suggested the economy grew 2.2%, which is less than the 2.5% rate that had been expected, on average, among economists polled by Briefing.com. Some pundits point out that even though the growth rate was weaker than what had been widely anticipated, it wasn't so poor as to rekindle calls for further quantitative easing, although the dollar did lose ground against competing currencies today.

Consumer Discretionary stocks led for virtually the entire day. The sector's 1.3% gain today came with help from Amazon.com (AMZN 226.85, +30.86), which rallied to a 2012 high in response to earnings that easily exceeded what had been widely expected. A handful of analyst upgrades helped the case for shares of the internet-based retailer. Expedia (EXPE 40.31, +7.68) benefited from a similar response on the back of its better-than-expected report. For the week, Consumer Discretionary advanced 2.8%.

Typical leaders Tech, Financials, and Energy all lagged. As such, they finished the session at the flat line. For the week, Tech advanced 2.4%. Although it was hampered on Friday by a sharp drop in shares of Western Digital (WDC 37.93, -6.17), which plunged when disappointing commentary from management cast a pall of what was otherwise a strong quarterly report, earlier in the week shares of Apple (AAPL 603.00, -4.70) rallied hard to lift the Tech sector after the company had reported another thoroughly impressive quarterly report. Interestingly, shares of AAPL had suffered in the prior session because of concern about a decline in the number of products it has had hooked up to data networks. Meanwhile, both Financials and Energy booked weekly gains on the order of 2%. On Friday Energy giant Chevron (CVX 106.20, -0.02) reported earnings that exceeded what had been expected, contrasting the earnings miss that Exxon Mobil (XOM 86.08, +0.01) posted earlier in the week.

Softness at the start of the week came in response to news that China's latest manufacturing reading still pointed to tighter activity, despite its improvement from the prior month. Manufacturing readings from both Germany and France were also disappointing. France further stoked eurozone concerns because reports suggested that the country may experience a political shakeup, which could carry implications for fiscal and financial reform there. Additionally, failure by fellow eurozone member Netherlands to agree on a budget evoked the threat of a change in leadership there.

Things firmed up after the S&P 500 was able to find support at its monthly closing low of 1358, which is also only a single point above its monthly intraday low of 1357. Stocks began their rebound from there.

The Fed was busy this week as the FOMC surprised few by keeping its fed funds rate at 0.00% to 0.25%, and noting that it anticipates exceptionally low levels of the fed funds rate at least through late 2014. Although it was acknowledged that inflation has picked up somewhat, the outlook for inflation over the medium run remains subdued. In fact, the Fed forecasted that inflation for the next couple of years will not surpass 2.0%.

The Fed added 20 basis points to both ends of its forecast for 2012 real GDP so that the range is now from 2.4% and 2.9%, but the forecast for 2013 was trimmed by 10 basis points to range from 2.7% to 3.1%. Longer run growth is still expected to range from 2.3% to 2.6%.

In a follow-up to the FOMC statement and forecast, Fed Chairman Bernanke held a press conference, during which he stated that the FOMC is prepared to take additional actions, if necessary. That was widely regarded by many market participants as a tacit sign that further quantitative easing is not off of the table.

Leading up to the GDP report on Friday morning, participants digested several important pieces of data, including news that new home sales for March hit an annualized pace of 328,000, which is greater than the clip of 318,000 that had been broadly anticipated. Moreover, prior month numbers were revised upward to reflect an annualized pace of 353,000. Pending home sales reportedly spiked in March by 4.1%, which is far greater than the 0.5% increase that economists polled by Briefing.com had generally expected.

The Consumer Confidence Index for April eased back to 69.2 from 70.2 in the prior month, but on Friday it was reported that the final Consumer Sentiment Survey for April from the University of Michigan improved to 76.4 from the preliminary reading of 75.7.

Total durable goods orders dropped in Mach by 4.2%, which is steeper than the 1.7% decline that had been broadly expected. Prior month numbers were revised lower to reflect an increase of 1.9%. Excluding transportation items, durable goods orders declined in March by 1.1%, which comes in stark contrast with the 0.5% increase that had been broadly anticipated. Orders less transportation for the prior month had increased by an upwardly revised 1.9%.

Weekly initial jobless claims totaled 388,000, which is greater than the 373,000 claims that economists polled by Briefing.com had generally expected. The prior week tally was 389,000 claims. DJ30 +23.69 NASDAQ +18.59 NQ100 +0.6% R2K +0.9% SP400 +0.5% SP500 +3.38 NASDAQ Adv/Vol/Dec 1635/1.77 bln/867 NYSE Adv/Vol/Dec 2012/784 mln/978

3:30 pm : Crude oil chopped around in negative territory during morning pit trade, but climbed into the black this afternoon to settle at $104.85 per barrel. The energy component booked a weekly gain of 1.0% amid a volatile week full of news that included underwhelming PMI data from both China and Europe that pointed to soft demand, reports of export cessation by Iraq via Turkey, news that Iran is considering a halt of nuclear expansion to avert an EU oil ban, and a bearish inventory report.

Natural gas spent the majority of its floor session climbing higher, making up for some of yesterday's loss, which came despite inventory data that showed a build of 47 bcf when a build of 50 bcf was widely expected. Overall, natural gas finished Friday at $2.18 per MMBtu for a weekly gain of 8.0%.

Precious metals held on to modest gains from morning pit trade, helped partly by a weaker dollar. Gold traded in a consolidative pattern during afternoon activity, while silver inched back up after a slight mid-session slip. Despite the mid-week volatility that came in conjunction with a FOMC statement that suggested the economy has been expanding moderately and that the medium run outlook for inflation remains subdued in the face of a recent increase in inflation, gold gained 1.3% this week by settling at $1664.80 per ounce. Silver finished at $31.33 per ounce for a 1.1% weekly loss. DJ30 +33.19 NASDAQ +20.41 SP500 +4.12 NASDAQ Adv/Vol/Dec 1625/1.41 bln/860 NYSE Adv/Vol/Dec 1990/460 mln/985

3:00 pm : Stocks appear to have steadied after drifting lower in mid-afternoon trade. That, and the final hour at hand, stocks look as if they will book their best weekly performance in six weeks of trade. As things currently stand, stocks will enter Monday -- the final session of the April -- positioned for a slight monthly loss, which would snap a streak of four straight monthly gains.DJ30 +38.37 NASDAQ +21.44 SP500 +4.29 NASDAQ Adv/Vol/Dec 1605/1.27 bln/875 NYSE Adv/Vol/Dec 1940/410 mln/1010

2:30 pm : Stocks continue to drift lower after encountering some selling pressure upon setting session highs about an hour ago. Still, the S&P 500 remains positioned for a weekly gain of 1.8%, which stands as its best weekly performance since a 2.4% advance was made in the week ended March 16.DJ30 +39.43 NASDAQ +17.82 SP500 +3.73 NASDAQ Adv/Vol/Dec 1555/1.18 bln/900 NYSE Adv/Vol/Dec 1940/380 mln/990

2:00 pm : Stocks recently pushed up to new session highs, but the move has encountered resistance that has caused the major averages to ease back.

Despite a move to the broad market's best level of the day, Financials continue to lag. In fact, the sector has only eked out a fractional gain. Tech, which has also been quiet today, has managed to muster a 0.2% gain. Meanwhile, Energy stocks remain in the red with a fractional loss; they haven't been in positive territory since this morning. DJ30 +51.88 NASDAQ +21.54 SP500 +5.27 NASDAQ Adv/Vol/Dec 1545/1.10 bln/880 NYSE Adv/Vol/Dec 1945/355 mln/975

1:30 pm : Stocks are testing session highs, but broad market gains remain relatively modest. The effort to add to gains comes as all 10 major sectors start to lift, although Financials and Energy remain in the red with fractional losses.

There is no headline to account for the recent bout of buying, but it has coincided with a downturn by the dollar, which is now at a session low against competing currencies. DJ30 +44.13 NASDAQ +20.47 SP500 +4.63 NASDAQ Adv/Vol/Dec 1380/980 mln/1005 NYSE Adv/Vol/Dec 1745/315 mln/1150

1:00 pm : News of another downgrade of Spain's debt and lighter-than-expected first quarter GDP growth of 2.2% haven't kept the broad market from mustering a modest gain. Although overall gains aren't great, the effort comes without help from Tech, Financials, or Energy, which have all traded quietly this week.

Consumer Discretionary stocks are strong today. The sector's 1.5% gain comes in conjunction with a blowout quarter by Amazon.com (AMZN 227.64, +31.65). The surge in shares of the internet-based retailer has also helped the Nasdaq move ahead of its counterparts. The response to earnings from Procter & Gamble (PG 64.51, -2.36), Chevron (CVX 106.00), Merck (MRK 38.41, -0.06), Ford (F 11.68. -0.19), and Starbucks (SBUX 57.36, -3.30) has been less supportive.

The modest gains made during today's trade have helped put the S&P 500 on pace for its best weekly performance in six weeks. The effort has the broad market measure narrowly above the 1400 line to trade at its best level since earlier this month. DJ30 +28.27 NASDAQ +17.23 SP500 +2.96 NASDAQ Adv/Vol/Dec 1340/905 mln/1020 NYSE Adv/Vol/Dec 1715/295 mln/1170

12:30 pm : Broad market gains remain modest, but the dollar continues to trade with relatively marked weakness.

Strength in the euro has the currency up 0.5% to about $1.33, despite another downgrade of Spain's debt. Meanwhile, Britain's sterling pound has pushed up 0.4% to $1.62. Japan's yen has also made a strong move, such that its exchange rate has fallen 0.8% to 80.43 yen per dollar. DJ30 +33.57 NASDAQ +15.32 SP500 +2.70 NASDAQ Adv/Vol/Dec 1330/830 mln/1040 NYSE Adv/Vol/Dec 1700/270 mln/1160

12:00 pm : Tech recently cut its loss with a move up to the neutral line, but it has been unable to extend its push. That has left it to trail the broad market by a narrow margin.

Financials and Energy are also lagging. Those two sectors are down 0.2% and 0.3%, respectively. Quiet action among Financials, Energy, and Tech has been a recurring theme this week. That's somewhat striking since the stock market is actually on pace for its best weekly showing in six weeks. DJ30 +29.48 NASDAQ +13.65 SP500 +2.01 NASDAQ Adv/Vol/Dec 1305/755 mln/1045 NYSE Adv/Vol/Dec 1645/240 mln/1200

11:30 am : Both the Dow and S&P 500 continue to chop along with a slight gain as blue chips like Procter & Gamble (PG 64.70, -2.17) and Chevron (CVX 105.84, -0.38) trade in the red following their latest quarterly reports. However, but the Nasdaq has managed to put together a relatively strong gain with help from Amazon.com (AMZN 224.83, +28.84), which has benefited from a handful of analyst upgrades after the company posted earnings that far exceeded what Wall Street had expected.DJ30 +30.43 NASDAQ +12.52 SP500 +2.29 NASDAQ Adv/Vol/Dec 1245/660 mln/1080 NYSE Adv/Vol/Dec 1575/210 mln/1240

11:00 am : Although the major equity averages have turned modest losses into modest gains, stocks continue to seek direction.

Tech hampered action in the early going, but its move up to the neutral line has provided support to the broad market. Consumer discretionary stocks continue to shine as the sector sports a 0.9% gain that is largely owed to strength in Amazon.com (AMZN 221.55, +25.56) after the internet-based retailer posted blowout earnings. DJ30 +24.37 NASDAQ +9.12 SP500 +1.65 NASDAQ Adv/Vol/Dec 1085/515 mln/1180 NYSE Adv/Vol/Dec 1430/165 mln/1350

10:30 am : Crude oil prices have slipped into negative territory to trade with a 0.3% loss at $104.25 per ounce, but natural gas has added to its gain so that the energy component is now priced at $2.27 per MMBtu, which makes for a 1.5% gain.

Precious metals have maintained the modest gains that they mustered earlier this morning. As such, gold prices are sitting at $1665 per ounce, which makes for a 0.3% gain. Meanwhile, silver is sitting at $31.23 per ounce, which makes for a fractional gain. DJ30 +5.91 NASDAQ -0.39 SP500 -0.75 NASDAQ Adv/Vol/Dec 815/365 mln/1405 NYSE Adv/Vol/Dec 1115/125 mln/1620

10:00 am : Released only minutes ago, the final reading on consumer sentiment for April from the University of Michigan improved to 76.4 from the preliminary reading of 75.7, which is where the Survey had been expected to remain.

However, the Survey hasn't done much to diminish the pressure that has gradually forced stocks lower since the open. Although the broad market is only now at the neutral line, there isn't really any legitimate source of leadership at this point. That could portend weak price action, especially if market participants are feeling compelled to take profits after watching stocks put together impressive gains over the course of the past two sessions -- gains that have positioned the S&P 500 for its best week in six weeks of trade. DJ30 -2.30 NASDAQ -3.23 SP500 -1.09 NASDAQ Adv/Vol/Dec 1050/150 mln/1000 NYSE Adv/Vol/Dec 1585/60 mln/1020

09:45 am : Stocks are pulling back after opening trade with a modest gain. Tech -- the largest sector by market weight -- is an early drag as it drifts down to a 0.3% loss. Despite earnings that far exceeded what had been expected and strong guidance, Western Digital (WDC 38.09, -6.01) has been a source of considerable weakness. The company's shares have plummeted in response to some disappointing commentary during the company's conference call last evening.

Due in just a few minutes -- 9:55 AM ET to be exact -- is the final reading on April consumer sentiment. DJ30 +19.45 NASDAQ +2.40 SP500 +1.63 NASDAQ Adv/Vol/Dec NA/NA/NA NYSE Adv/Vol/Dec NA/NA/NA

09:15 am : S&P futures vs fair value: +5.30. Nasdaq futures vs fair value: +13.50. Stock futures point to a modestly higher open for today's trade. Such a start would position the S&P 500 for a weekly gain of almost 2%, which would mark its best weekly performance in six weeks of trade. The bid this morning comes despite another downgrade of Spain's debt, but also in the face of slower-than-expected GDP growth during the first quarter. Slower-than-expected growth hasn't exactly been regarded as a complete negative among market participants, given that it acts as fodder for the case for further quantitative easing.

09:05 am : S&P futures vs fair value: +6.00. Nasdaq futures vs fair value: +14.00. Stock futures have pushed higher in recent trade. Meanwhile, commodities are up only modestly this morning, giving the CRB Index a 0.2% gain. The CRB is currently up almost 1% this week. Action this morning has crude oil prices up just 0.1% to $104.65 per barrel, while natural gas sports a 0.6% gain at $2.25 per MMBtu. Among precious metals, gold prices are up 0.2% to $1664 per ounce, while silver sits at $31.28 per ounce with a 0.2% gain of its own.

08:35 am : S&P futures vs fair value: +2.20. Nasdaq futures vs fair value: +8.50. Neither the dollar nor stock futures have had much of a response to an advance GDP reading that suggested the economy grew at a 2.2% rate in the first quarter when an increase of 2.5% had been expected, on average, among economists polled by Briefing.com. The first quarter chain deflator reportedly increased by 1.5%, which is less than the 2.2% increase that had been broadly anticipated. As for the first quarter Employment Cost Index, it increased by 0.4%, which isn't that different from the 0.5% increase that was widely forecasted.

08:05 am : S&P futures vs fair value: +3.90. Nasdaq futures vs fair value: +11.00. A modest bid has stock futures leading fair value by a narrow margin. Europe's major bourses are also trading with modest strength while the euro is up a solid 0.4% against the greenback, despite another downgrade of Spain's debt.

Well over 100 earnings reports were released yesterday after the prior session's closing bell. Among the more widely held names, Amazon.com (AMZN 226.65, +30.66) posted an upside surprise, as did Starbucks (SBUX 58.16, -2.50). However, downside guidance from the latter has left its shares to slide ahead of the open. Gilead Sciences (GILD 52.60, -0.12) came short of the consensus. Another batch this morning featured better-than-expected earnings from Ford (F 12.03, +0.16), Procter & Gamble (PG 65.20, -1.67), and Merck (MRK 38.93, +0.46). Chevron (CVX 106.40, +0.18) is still due to announce. Note: ticker quotes reflect premarket prices.

Potentially a highlight of the morning, however, is the advance reading of first quarter GDP data, which will be released at the bottom of the hour. The final reading on consumer sentiment for April from the University of Michigan will be released at 9:55 AM ET.

06:18 am : [BRIEFING.COM] S&P futures vs fair value: -0.30. Nasdaq futures vs fair value: +3.00.

06:18 am : Nikkei...9520.89...-40.90...-0.40%. Hang Seng...20741.45...-68.30...-0.30%.

06:18 am : FTSE...5756.95...+8.20...+0.10%. DAX...6740.19...+0.30...0.00.

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Image@ http://twitter.com/wrbtrader, http://stocktwits.com/wrbtrader and http://chart.ly/users/wrbtrader

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